AiCRE Partners, as exclusive investment sales advisor to the seller, is pleased to offer the opportunity to acquire the fee simple interest in the Walgreens located at 1131 IL-48 in Decatur, Illinois. The property is occupied by Walgreens, one of the nation’s largest and most established pharmacy-led retailers, operating thousands of locations across the United States and serving as a daily-needs anchor in communities nationwide. Walgreens benefits from strong brand recognition, essential-service demand, and a resilient business model supported by prescription drug sales, health services, and convenience retail offerings.
The property is strategically positioned along Illinois Route 48, a primary commercial corridor in Decatur, providing excellent visibility, convenient ingress and egress, and strong exposure to both local and commuter traffic. More than 20,000 vehicles pass by the site each day, ensuring top brand presence in the local market. The site is well-located near surrounding residential neighborhoods and complementary retail and service uses, allowing the store to effectively serve a broad customer base while benefiting from consistent daily traffic patterns.
Decatur serves as the county seat of Macon County and functions as a key regional center for healthcare, manufacturing, education, and government within Central Illinois. The city is supported by a stable employment base, anchored by major employers, regional medical facilities, and higher education institutions, and offers connectivity to larger Midwest markets via nearby highways. Decatur delivers a valuable customer base within just 5 miles of 1311 IL-48, comprising a population of more than 72,600 with an average household income that exceeds $71,000. These avid shoppers produce more than $770 million in annual spending, empowering the local retail climate.
As an established infill location leased to a nationally recognized, creditworthy tenant, the Walgreens at 1131 IL-48 presents investors with the opportunity to acquire a durable net-leased asset backed by long-term fundamentals and essential retail demand.